The Brief
- More than 100 homes that once belonged to the nation’s largest landlord have reverted to single-family ownership in Minnesota, giving neighborhoods a boost to health and finances.
- Renters complained to FOX 9 about landlord neglect and an attorney general’s office investigation found some disgusting conditions. The AG filed suit and won a settlement of about $2 million plus rent forgiveness of about $2 million more.
- Havenbrook once owned more than 600 homes in the Twin Cities. Nonprofits are slowly renovating most of them to return to the market for single-family ownership.
MINNEAPOLIS (FOX 9) – Single-family homeowners are slowly filling the homes scooped up by a hedge fund accused of squeezing $40 million of wealth out of north Minneapolis.
Change is good
Slumlord millions:
The country’s largest landlord owned more than 600 homes in the Twin Cities just a few years ago, but now it’s gone.
From a financial perspective and from a health perspective, the change can have a big impact on the community.…